Super Group's Q3 net profit jumps 86% to $22.6m

Super Group posted earnings of $22.6 million for the third quarter ended Sept 30, 86% higher than a year ago.

Sales jumped 22% to $130.1 million, as the group’s branded consumer and ingredients divisions saw higher sales.

The food and beverage company also reported gross profit margin rose 36% in the quarter, from 29% last year, as a result of operational efficiency and greater cost management.